Two purpose built nursing homes on the market in the North East

Published on: 23rd January 2019

Our Asset Advisory & Restructuring team has been instructed by the Cleveland Alzheimers Residential Centre Ltd as joint agents along with Christie + Co to disposal of two purpose built nursing homes in Stockton-on-Tees.

Kirkdale and Allison House are situated within the Teesdale Business Park, both registered for 38 residents with Kirkdale offered for sale vacant (previously registered for nursing and dementia care) and Allison House offered as a trading home providing nursing and dementia care run under management – guide prices are £700,000 and £1.35 million respectively.

Kirkdale offers potential for alternative care uses and scope for expansion, subject to the necessary consents.